Understanding the Cost of Senior Living
Cost is often one of the top concerns when considering the move to a senior living community. Explore our resources below to find out more about the cost of assisted living, memory care, and independent living communities.
To compare the cost of a senior living community to the cost of staying in a current residence, explore our TRUEcost Calculator.
Assisted Living
Several factors impact the cost of assisted living, including geographic location, local cost of living, assistance level, community amenities, and whether the community is pet-friendly. Think of these factors as more than just a luxury—they can also make a significant impact on your loved one’s daily well-being and overall health.
When evaluating the cost of a senior living community, consider your loved one’s needs beyond today. Your loved one may need additional services and care as they age. When looking at communities, be sure to create a plan for your loved one’s future to ensure they can age in the same community.

Resources for Understanding Assisted Living Costs



Memory Care
Memory care communities provide around-the-clock caregivers who are on hand for specialized Alzheimer’s and dementia care. Several factors impact the cost of memory care, including the local cost of living, the amount of assistance your loved one requires, and their unique wants and needs.
One of the most important things to consider is how your loved one’s needs will change over time and to make a plan for these adjustments. Routine and structure are critical for those with Alzheimer’s or dementia. Make sure the memory care community you choose has resources to meet these changing needs so that your loved one can age in place.

Resources for Understanding Memory Care Costs
Independent Living
This lifestyle is best for seniors who don’t require active levels of assistance and can independently manage their day-to-day activities. Factors affecting the cost of independent living include the local cost of living, your loved one’s unique wants and needs, community amenities, and the size of residence.
Keep in mind that your loved one’s needs may change over time. To avoid further transitions, it’s important to know if the community has the capabilities to handle future care needs such as those provided in assisted living or memory care.

Resources for Understanding Independent Living Costs
Learn the facts.
Compare the cost of senior living to the cost of your loved one remaining in their current residence with our TRUEcost Calculator.